diff --git a/CMakeLists.txt b/CMakeLists.txt
index ae7558bc1584c57015fa82d4edef88fefc1e6738..049fbd7d92ab7eb50c1e9b231e70a19442d6b5c6 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -16,9 +16,9 @@ find_package(GaudiProject)
 #---------------------------------------------------------------
 
 # Declare project name and version
-gaudi_project(DaVinci v50r1
-              USE Analysis v30r1
-                  Stripping v11r7
+gaudi_project(DaVinci v50r2
+              USE Analysis v30r2
+                  Stripping v11r8
               DATA AppConfig VERSION v3r*
                    FieldMap VERSION v5r*
                    ParamFiles VERSION v8r*
diff --git a/ReleaseNotes/v50r2.md b/ReleaseNotes/v50r2.md
new file mode 100644
index 0000000000000000000000000000000000000000..40e46bf24a803736f53a69276cd9130f51685120
--- /dev/null
+++ b/ReleaseNotes/v50r2.md
@@ -0,0 +1,36 @@
+2018-12-14 DaVinci v50r2
+========================
+
+Development release prepared on the master branch.
+
+It is based on Gaudi v30r5, LHCb v50r2, Lbcom v30r2, Rec v30r2, Phys v30r2, Analysis v30r2 and Stripping v11r8,
+and uses LCG_94 with ROOT 6.14.04.
+
+- Update to DaVinciTests/tests/qmtest/commonparticles.qms/test_standardintermediate_reco14_run.qmt
+  - See merge request lhcb/DaVinci!280
+- Pack relations tables in Tesla
+  - See merge request lhcb/DaVinci!275
+- Add copyright statements
+  - See merge request lhcb/DaVinci!263
+- Remove unnecessary xxSys dependencies, exposed by Lbcom!286
+  - See merge request lhcb/DaVinci!264
+- Fixes for new LoKi functors context
+  - See merge request lhcb/DaVinci!262
+- Added missing import in DaVinciTests/tests/options/dimuon_testfile.py
+  - See merge request lhcb/DaVinci!261
+- Removal of orphan and/or obsolete tests in Phys/Tesla
+  - See merge request lhcb/DaVinci!260
+- Update ref for test DaVinciTests/tests/qmtest/stripping.qms/test_v0.qmt
+  - See merge request lhcb/DaVinci!258
+- Reference update for test DaVinciTests/tests/qmtest/tagging.qms/test_tag_mc12.qmt
+  - See merge request lhcb/DaVinci!255
+- DaVinci tests clean-up
+  - See merge request lhcb/DaVinci!254
+- Clean-up of orphan and long-standing failing tests
+  - See merge request lhcb/DaVinci!253
+- Truth-match objects beyond the standard HLT2 reconstruction in Tesla
+  - See merge request lhcb/DaVinci!249
+- Fix to test DaVinciTests/tests/qmtest/davinci.qms/davinci_mcudst.qmt
+  - See merge request lhcb/DaVinci!245
+- Removed useless qms file creating Warnings in the compilation
+  - See merge request lhcb/DaVinci!243